
List Price: $1,200,000
227 Colborne Street, Central Elgin, N5L 1C2
- By ROYAL LEPAGE TRILAND REALTY
Commercial Retail|MLS - #X8190932|Extension
Bed
3 Bath
4203 Sqft.
None Garage
Client Remarks
This is the opportunity of a lifetime to purchase a landmark building in an incredible downtown location in Port Stanley. The building is located at a stoplight location on a heavily trafficked county roadway. Expect plenty of walk-by traffic as well. 4 commercial units paying rent and a highly in-demand downtown residential apartment. Over 4000 square feet of rentable square footage. Rents are actualized and at market value. Net Rents approaching $85,000.There is also the opportunity to purchase the Apropos business as well as the building and land. The business is a high reputed, household name in Port Stanley that retails fine clothing and accessories. It comes with significant goodwill. There are plenty of allowable uses for the property under current zoning. Port Stanley is developing quickly ahead of the Volkswagen EV Gigafactory launch. This is a perfect place for a savvy investor to have their money go to work.
Property Description
227 Colborne Street, Central Elgin, N5L 1C2
Property type
Commercial Retail
Lot size
N/A acres
Style
Approx. Area
4203 Sqft
Home Overview
Last check for updates
Virtual tour
N/A
Basement information
Building size
4203
Status
In-Active
Property sub type
Maintenance fee
$N/A
Year built
--

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227 Colborne Street, Central Elgin, N5L 1C2Nearby Places

Shally Shi
Sales Representative, Dolphin Realty Inc
English, Mandarin
Commercial PropertiesProperty Management
Mortgage Information
Estimated Payment
$0 Principal and Interest
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